Short term care: An affordable alternative to LTC

By Precision Senior Marketing

Precision Senior Marketing

When discussing your clients’ health care options and planning for their future, short term care insurance is a great option for them to consider. Though it is human nature to not want to think about something happening to us, in reality sometimes an unexpected illness or accident forces us to change our lifestyle and adjust our finances.

Created especially for the baby boomer generation, STC insurance covers the costs of health care recovery. It gives your clients and their family breathing room and peace of mind during times of crisis.

With the costs of hospital stays skyrocketing, many seniors are now choosing to stay in a nursing home or have a caregiver come to their home in order to recover as quickly as possible. To give your clients perspective on the costs associated with this kind of care, the average price for an in-home care taker is $21 an hour, or $5,040 a month for 8 hours a day/7 days a week.

If a nursing home is better suited, the average cost for a semi-private room is $5,940 a month. These costs multiply quickly, however with a monthly payment on par with the cost of a cable or phone bill an STC insurance policy can be in place and money will be made available for the policyholder to draw from when they need it.